Ad valorem

Ad valorem,

Definition of Ad valorem:

  1. (of the levying of tax or customs duties) proportionate to the estimated value of the goods or transaction concerned.

  2. Method for charging a duty, fee, or tax according to the value of goods and services, instead of by a fixed rate, or by weight or quantity. Latin for, [according] to the value.

  3. In proportion to the estimated value of the goods or transaction concerned.

How to use Ad valorem in a sentence?

  1. Ad valorem stamp duty at the rate of 1 percent is payable.
  2. The ad valorem tax was estimated prior to the departure for the team members so they were expecting to pay that amount.
  3. You may have an item that has an extra tax and you must take this ad valorem into account when setting the price.
  4. I hated ad valorem and would one day try to get into a position of power to change things like it.

Meaning of Ad valorem & Ad valorem Definition

Ad Valorem,

How To Define Ad Valorem?

A simple definition of Ad Valorem is: Advertising is charged at the estimated cost of an item. Its name is correct in Latin for value. Advertisement value tax is generally levied on immovable property and personal property, including (in the latter case) duties on goods imported from abroad.

Advertising volume taxes collected by local authorities are commonly referred to as property taxes and are often an important source of revenue and resources for state and local governments.

Meaning of Ad Valorem: Calculated in terms of price. In this case, it refers to the insurance premium, which is calculated in proportion to the value of the property or assets covered by the policy.

Literal Meanings of Ad Valorem

Ad:

Meanings of Ad:
  1. An advertisement.

  2. It means profit

  3. Ano Domini (used to indicate that the date is a certain number of years after the accepted date of Christ's birth).

  4. Active service

  5. Armored Division.

  6. Sports Director

Synonyms of Ad

announcement, bulletin, notice

Ad Valorem,

What Does Ad Valorem Mean?

  1. Ad Valorem can be defined as, Advertising is charged at the estimated cost of an item. Its name is correct in Latin for value. Advertisement value tax is generally levied on immovable property and personal property, including (in the latter case) duties on goods imported from abroad.

    Advertising volume taxes collected by local authorities are commonly referred to as property taxes and are often an important source of revenue and resources for state and local governments.

  2. Meaning of Ad Valorem: Calculated in terms of price. In this case, it refers to the insurance premium, which is calculated in proportion to the value of the property or assets covered by the policy.

Literal Meanings of Ad Valorem

Ad:

Meanings of Ad:
  1. An advertisement.

  2. It means profit

  3. Ano Domini (used to indicate that the date is a certain number of years after the accepted date of Christ's birth).

  4. Active service

  5. Armored Division.

  6. Sports Director

Synonyms of Ad

announcement, bulletin, notice